Multiple Choice
Table 3-7
Assume that Japan and Korea can switch between producing cars and producing airplanes at a constant rate.
-Refer to Table 3-7.Japan and Korea would not be able to gain from trade if Korea's opportunity cost of one car changed to
A) 1/5 airplane.
B) 1/3 airplane.
C) 3 airplanes.
D) 5 airplanes.
Correct Answer:

Verified
Correct Answer:
Verified
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